What is a discretionary bursary?

Discretionary bursaries Institutions make discretionary bursary awards to students to help them overcome the individual barriers to participation they face, for example, help with the cost of transport, meals, books and equipment. Institutions decide which students receive a discretionary bursary.

Who gets discretionary bursary?

You can apply for a discretionary bursary if you are aged between 16 and 19 and in full- time or part-time further education or training.

How much do u get for a bursary?

The Imperial Bursary is worth between £2,000–£5,000 per year for eligible Home students. The Imperial Bursary is one of the most generous schemes of its kind in the UK and helps Home students with the cost of studying in London.

Is a bursary a discretionary payment?

You could get a discretionary bursary if you need financial help but do not qualify for a bursary for students in vulnerable groups. Your education or training provider decides how much you get and what it’s used for. If you’re over 19, you’ll only be eligible for a discretionary bursary.

Who is eligible for a bursary?

Eligibility. The UCL Undergraduate Bursary scheme will be assessed on the basis of household income and residency status. The scheme is open to those with an annual household income of £42,875 or less.

Do 16 year olds get money for college?

What’s the new 16-19 bursary? The 16 to 19 Bursary Fund is money set aside by the Government to help the most vulnerable students continue at school or college (not university) or on an unpaid training course. It can help with costs like equipment for your courses, travel and lunch.

Who qualifies for a bursary?

be at least 16 and under 19 on 31 August 2021. study at a publicly funded school or college, or be on an unpaid training course. meet the residency requirements – your school or college can check this.

What do you need to qualify for a bursary?

Every bursary contract has a criteria that must be met by the prospective student in order to apply. Requirements can include elements like location, age or academic achievement. If you are thinking of applying for financial aid here are some common bursary requirements that you will have to meet first.

What makes you eligible for a bursary?

The scheme is open to those with an annual household income of £42,875 or less. All part-time UK students studying at a level of at least 25% of the full-time equivalent will be eligible to receive a pro-rata bursary, provided that their household income is £42,875 or less and they meet the residency requirements.

Does a bursary count as income?

Bursaries, grants and scholarships are usually tax-free (along with Student Loan money) – they won’t count towards your Personal Allowance or affect any other means-tested money you want to apply for, such as benefits.

What does a bursary cover?

A Bursary is a sum of money that is awarded to enable someone to study at university or college. Sometimes the bursary will also cover additional costs involved in studying such as textbooks, laptop, living allowance for meals and accommodation.

What benefits are 16 year olds entitled to?

What happens to benefits I claim for my child at 16?

• Child Benefit.
• Child Tax Credit.
• Additional amounts for a dependent child or young person paid with Universal Credit.
• Additional amounts for a child or young person paid with Income Support or income-based Jobseeker’s Allowance.